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HomeMy WebLinkAbout2016-10-8437198668 ORDINANCE NO. 2016-10-8437 AN ORDINANCE DECLARING FLOODWALL REMNANTS AS SURPLUS PROPERTY AND APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE PLAT AND QUITCLAIM DEEDS TO THE CURRENT PROPERTY OWNERS ADJOINING THE SURPLUS PROPERTY FOR ECONOMIC DEVELOPMENT PURPOSES WHEREAS, during the late 1930s the City of Paducah began acquiring certain real property in the vicinity of the old Husbands Road for the "C" portion of the proposed Floodwall construction; and WHEREAS, by Indenture from the Paducah & Illinois Railway Company dated December 22, 1938, of record in Deed Book 200, page 188, in the McCracken County Clerk's office and Indenture from J. Lawrence Jones and wife, Clara Jones, dated January 11, 1939, of record in Deed Book 200, pagel86, in the aforesaid clerk's office, the City of Paducah acquire an interest in and to a certain 20' by 400' strip of land (the "Surplus Property") for purposes of the floodwall construction; and WHEREAS, the City of Paducah have determined that the Surplus Property is no longer necessary, appropriate, or in the best interests of the operations of the floodwall and that the Subject Property should be deemed surplus substandard real estate having no true value; and WHEREAS, the City of Paducah wishes to quitclaim the Surplus Property to the current land owners of the parent tract from which the Surplus Property was carved, without consideration; and NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Recitals and Authorizations. The Board of Commissioners hereby declares the Surplus Property to be surplus property as it relates to the operations of the floodwall. SECTION 2. Recitals and Authorizations. The Board of Commissioners hereby further approves the transfer of a portion of the Surplus Property to Lots of Wheels, LLC, a Kentucky limited liability company, and a portion of the Surplus Property to MAEGAH Properties & Development, Inc., a Kentucky corporation, as their interest may appear, the current owners of the parent tract from which the Surplus Property was acquired, by quitclaim and for the consideration of $1.00, subject to any access easement rights, if any, that the City Engineer deems necessary over, through and alone the Surplus Property. . SECTION 3. Recitals and Authorizations. That the Mayor of the City of Paducah, Kentucky is hereby authorized to retain the services of a professional land surveyor for the preparation of plat -depicting the Surplus Property and the execution of said plat; and further authorized to execute and deliver quitclaim deeds of the Surplus Property to Lots of Wheels, LLC, and MAEGAH Properties & Development, Inc., respectively, as their interests may appear, -r; together with all other Property. SECTION 4. Sei Ordinance shall be held to be in) unenforceability of such section, provisions of this Ordinance. 01Df VT/lAT G hereby finds and determines that were taken in an open meeting of Commission and of its committee open to the public, in full compliz SECTION 6. Con. conflict with the provisions of thi and the provisions of this Order s] SECTION 7. El days and will become effective ATTEST: Tammara S. Sanderson, City Introduced by the Board of Adopted by the Board of Recorded by Tammara S. Published by The Paducah Sun, C \ord\eng\prop transfer — floodwall necessary to effectuate the transfers of the Surplus -abilily. If any section, paragraph or provision of this id or unenforceable for any reason, the invalidity or �xagraph or provision shall not affect any of the remaining ►liance with Open Meetings Laws. The City Commission 1 formal actions relative to the adoption of this Ordinance :ie City Commission, and that all deliberations of this City , if any, which resulted in formal action, were in meetings ice with applicable legal requirements. icts. All ordinances, resolutions, orders or parts thereof in Ordinance are, to the extent of such conflict, hereby repealed ill prevail and be given effect. ive Date. This Ordinance shall be read on two separate ►n summary publication pursuant to KRS Chapter 424. issioners, September 27, 2016 October 4, 2016 City Clerk, October 4, 2016 ,er 6, 2016 husbands rd 569